In the first nine months of this year the Ministry of Taxes transferred to the state budget 4 billion 926.2 million AZN. It is 168 million AZN or 3.3% less than in the comparable period of 2015.
According to the Analytical Information Department of the Ministry of Taxes, SOCAR carried out the nine-month forecast at 100.6%, and the companies involved in PSA – at 82%.
The non-oil-gas sector accounted for 78% (3 billion 843.6 million AZN) of tax revenue in the first three quarters of this year. During this period, tax revenues from the non-oil sector increased by 365.9 million AZN or 10.5%.
According to the Ministry of Taxes, as of October 1, 2016 the total number of registered taxpayers reached 929,300 subjects. Since the beginning of this year 89,100 taxpayers have been registered. ------08D
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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